Intuitive Surgical Inc (ISRG)

Return on assets (ROA)

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	2,322,600	1,798,000	1,322,300	1,704,600	1,060,600
Total assets	US$ in thousands	18,743,200	15,441,500	12,974,000	13,555,000	11,168,900
ROA		12.39%	11.64%	10.19%	12.58%	9.50%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $2,322,600K ÷ $18,743,200K
= 12.39%

Over the past five years, Intuitive Surgical Inc has shown a steady improvement in its return on assets (ROA) as indicated by the following figures:

- December 31, 2020: 9.50%
- December 31, 2021: 12.58%
- December 31, 2022: 10.19%
- December 31, 2023: 11.64%
- December 31, 2024: 12.39%

The company's ROA has generally been on an upward trend, reflecting its ability to generate profits from its assets efficiently. This suggests that Intuitive Surgical has been effectively utilizing its assets to generate income for its shareholders. The above-average ROA figures also indicate that the company is likely employing its assets effectively to drive profitability and create value for its stakeholders.

Overall, the consistent improvement in Intuitive Surgical's ROA over the past five years is a positive sign for investors and reflects the company's strong operational performance and financial management.